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Amerisur Resources PLC  -  AMER   

Pipeline Update

Released 07:00 08-May-2015

RNS Number : 5693M
Amerisur Resources PLC
08 May 2015
 

08 May 2015 

 

Amerisur Resources Plc

("Amerisur" or the "Company")

 

Pipeline Update

 

 

Amerisur Resources Plc the oil and gas producer and explorer focused on South America, is pleased to announce the approval of the modification to the Platanillo field global exploitation licence for the construction and operation of the Ecuador interconnector oil pipeline. This modification has been approved by the Autoridad Nacional de Licenciamiento Ambiental ("ANLA"), a Division of the Ministry of Environment and Sustainable Development of the Republic of Colombia.

 

Additionally the ANLA approved the Company's application for the operation of up to two water disposal wells per production Pad. Each well is permitted to dispose of up to 20,000 barrels of water per day into the Tertiary Pepino formation.

 

 Giles Clarke, Chairman of Amerisur commented:

"This approval from the ANLA completes all required Colombian permits for our Ecuador interconnector project and we look forward to completing all arrangements for the Ecuadorian element of the project which are well in hand. I am very grateful for the constructive approach adopted by the authorities in relation to this important bi-national project."

 

ENDS

 

ENQUIRIES:

 

Billy Clegg/Georgia Mann

      Tel: +44(0)203 757 4980

Camarco

 


Jeremy Low/Daniel Conti

      Tel: +44 (0)207 653 4000

RBC Capital Markets

 


Chris Sim

      Tel: +44 (0)207 597 4000

Investec


 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Pipeline Update - RNS